# PHILIP MORRIS INTERNATIONAL INC. (PM) FY2024 Annual P&L / Income Statement

- Company: PHILIP MORRIS INTERNATIONAL INC. (PM)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-06, accession number 0001413329-25-000013
- Page: https://plicit.ai/financials/pm/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/pm-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net revenues (Notes 6 & 13)**: 37,878,000,000 US dollars
- **Cost of sales (Notes 4 & 5)**: 13,329,000,000 US dollars
- **Gross profit**: 24,549,000,000 US dollars
- **Operating expenses (calculated)**: 11,147,000,000 US dollars
- **Operating income**: 13,402,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,203,000,000 US dollars
- **Earnings before income taxes**: 12,199,000,000 US dollars
- **Provision for income taxes (Note 12)**: 3,017,000,000 US dollars
- **Net earnings**: 7,503,000,000 US dollars
- **Combustible Tobacco Products**: 23,218,000,000 US dollars
- **Smoke-Free Products**: 14,660,000,000 US dollars
- **Impairment of goodwill (Note 5)**: 0 US dollars
- **Marketing, administration and research costs (Notes 3, 4, 5, 13 & 20)**: 11,147,000,000 US dollars
- **Impairment related to the RBH equity investment (Note 6)**: negative 2,316,000,000 US dollars. Reported below-tax contribution to net income.
- **Equity investments and securities (income)/loss, net**: 637,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PHILIP MORRIS INTERNATIONAL INC.: $7.06 B; to noncontrolling interests: $446.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/pm/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/pm-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue and costs use their disclosed categories.

- **Net revenues (Notes 6 & 13)**: 37,878,000,000 US dollars
- **Cost of sales (Notes 4 & 5)**: 13,329,000,000 US dollars
- **Gross profit**: 24,549,000,000 US dollars
- **Operating expenses (calculated)**: 11,147,000,000 US dollars
- **Operating income**: 13,402,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 1,203,000,000 US dollars
- **Earnings before income taxes**: 12,199,000,000 US dollars
- **Provision for income taxes (Note 12)**: 3,017,000,000 US dollars
- **Net earnings**: 7,503,000,000 US dollars
- **Europe revenue**: 15,357,000,000 US dollars
- **SSEA, CIS & MEA Segment revenue**: 11,261,000,000 US dollars
- **EA, AU & PMI DF Segment revenue**: 6,393,000,000 US dollars
- **Americas revenue**: 4,534,000,000 US dollars
- **Wellness and Healthcare revenue**: 333,000,000 US dollars
- **Europe cost of revenue**: 4,206,000,000 US dollars
- **SSEA, CIS & MEA Segment cost of revenue**: 5,313,000,000 US dollars
- **EA, AU & PMI DF Segment cost of revenue**: 2,011,000,000 US dollars
- **Americas cost of revenue**: 1,531,000,000 US dollars
- **Wellness and Healthcare cost of revenue**: 268,000,000 US dollars
- **Impairment of goodwill (Note 5)**: 0 US dollars
- **Marketing, administration and research costs (Notes 3, 4, 5, 13 & 20)**: 11,147,000,000 US dollars
- **Impairment related to the RBH equity investment (Note 6)**: negative 2,316,000,000 US dollars. Reported below-tax contribution to net income.
- **Equity investments and securities (income)/loss, net**: 637,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to PHILIP MORRIS INTERNATIONAL INC.: $7.06 B; to noncontrolling interests: $446.00 M.